The times. (Owosso, Mich.) 1882-1897, 1887-09-16

signs shall desire 10 be released from The
conditions of this agreement it shall only
be allowed 10 do so al the option OF said
City, and on the repayment Of The money
hereby donated by the City, anu all lands
conveyed TO the Company in pursuance OF
this contract together with all buildings
erected thereon and the improvements
made with the money donated by the City
shall rcvertt 10 the granlor for the use and
benefit OF said City.
FoURTn-It is agreed by the parties
hereto that the Twenty-Five Thousand
Dollars (which the city proposes to give TO
secure the location Of these works. shall
all be expended in the construction oil Tue
buildings herein referred 10. BY .his ii is
intended that all the money so donated
shall bc used in providing the necessary
buildings, water pipes and drainage ap-
purtcnant thereto. and that none of such
money be expended for the machinery
TO do the work on the repairs on said
Company's engines, cars and tools. II is
understood that this money shall lie all
expended in making these structures ready
for the placing therein of the machinery;
this will include the shafting, pulleys and
heating apparatus. but not the engine and
boiler, OF any part of tho movable machip-
cry, or grading approaches thereto, or
ironing any track in the buildings or about
the yard. The Company on IT'S par; I'M
dertakes to provide all machinery for its
work as its needs require from time to
time.
FIFTH--rhat the Company ccnslruct
| the said buildings on the lands selected by
its Manager, and that the said money 10
be paid TO the Company in installments
from time 10 time as the work on the
structures progresses, and on the joint
order of committee of the Common
Council of said City and the Manager of
the Company.
SIXTH That these buildings consist of
an engine house of ten or more stalls. a
machine shop including boiler shop and
blacksmith shop, u car shop, a paint
shop, an oil house, store house and
sand house, and that they be built accord
ing 10 plans and specifications TO be hereto
attached and approved by the City com
mittee, subject TO such changes as said
City by its duly appointed committee and
the Manager OF said Company see fit to
make in order 10 bring them within the
limits of the money hereby donated, pro-
vided The Manager of the Company is
unwilling to expend larger amount on
such structures.
1t is the meaning and intention of this
agreement, and the parties hereto, that in
consideration of the donation Of the sum
OF Twenty. Thousand Dollars and
lands by the city 10 the Company, that the
Company, its successors and ansigns shall
and will maintain and operate the proper.
~ in perpctuity as its principal repair
works for its cars, engines and tools, and
that in the event of the neglect or failure
of said Company to fairly. reasonably and
IN good faith carry out and fulfill their
agreements herein made, according to the
true purpose, tenor and intent OF this
agreement, then, and in such case, the said
sum of Twenty-Five Thousand Dollars
so TO he donated by said City shall be re-
paid 10 said City by said Company, its
successors or assigns, and the land donated
and conveyed TO said Company for repair
shops shall revert TO the granor for the
use and benefit oil said City.
1t is understood that IL the CITY fails 10 |
perform and fulfill the agreement and |
conditions on its part herein set forth |
within thirty (3O) days from date, this |
agreement shall be null and void at option
of the Company.
In witness whereof we have here unto set |
our hands in duplicate tho day and year
first above written:
Toledo Ann Arbor & North Michigan
Ry Co. by Ii. w. ASHLEY,
General Manager.
The City Of Owosso by its committee, viz:
JAMES Ii. CALKINs,
OSCAR WELLS,
MOSES KEYTE,
julius FRIEsEKE,
A. j.. WILLIAMS.
STEARNs +. SMITH.
t., A. A. & N. M. r r. Go.
GENERAL OFFICE.
TOLEDO, Ohio, Sept 10th. 1887.
To the Mayor and Common Council OF
the City of Owosso. Michigan.
GENTLEMAN:-Heniy w. Ashley, Gen
eral Manager OF tins Company is authoriz-
ed TO act for the President and Board of
Directors in all negotiations concerning
The location of The repair shops for this
Company, and the agreement into with
The authorities Of Owosso, under date of
Sept 7th, 1887 is hereby approved.
by order OF the Board of Directors,
j. M. ASHLEY, Pres.
ID. +. JERvIs, Sec. Protein.
The following report from the street
was presented:
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